Apple Hospitality REIT Completes Acquisition of Embassy Suites by Hilton South Jordan Salt Lake City

RICHMOND, Va., November 22, 2023–(BUSINESS WIRE)–Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that it has completed the acquisition of the 192-room Embassy Suites by Hilton South Jordan Salt Lake City (the “Hotel”) for approximately $36.8 million, or $191,000 per key.

“We are pleased to expand our portfolio with the acquisition of this ideally located Embassy Suites by Hilton in South…